Fairmount Santrol Holdings (FMSA) Given News Impact Score of 0.21

Media stories about Fairmount Santrol Holdings (NYSE:FMSA) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fairmount Santrol Holdings earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 46.9084842684599 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern’s rankings:

FMSA has been the subject of several recent analyst reports. Northcoast Research upgraded Fairmount Santrol Holdings from a “sell” rating to a “neutral” rating in a research note on Tuesday, June 27th. Zacks Investment Research cut Fairmount Santrol Holdings from a “buy” rating to a “hold” rating in a research note on Friday, April 21st. Credit Suisse Group downgraded shares of Fairmount Santrol Holdings from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $12.00 to $4.00 in a report on Thursday, July 20th. Jefferies Group LLC reiterated a “buy” rating and set a $8.00 price target on shares of Fairmount Santrol Holdings in a report on Friday, May 5th. Finally, Janney Montgomery Scott started coverage on shares of Fairmount Santrol Holdings in a report on Thursday, June 15th. They set a “neutral” rating and a $5.60 price target for the company. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $7.13.

Shares of Fairmount Santrol Holdings (NYSE FMSA) traded down 5.40% during mid-day trading on Friday, reaching $2.63. The company’s stock had a trading volume of 2,965,560 shares. The company’s 50-day moving average is $3.28 and its 200 day moving average is $6.39. The firm’s market cap is $589.33 million. Fairmount Santrol Holdings has a 12 month low of $2.51 and a 12 month high of $13.12.

Fairmount Santrol Holdings (NYSE:FMSA) last announced its quarterly earnings results on Thursday, August 3rd. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. Fairmount Santrol Holdings had a negative net margin of 6.11% and a negative return on equity of 24.37%. The company had revenue of $233.20 million for the quarter, compared to analysts’ expectations of $231.16 million. During the same quarter in the previous year, the company earned ($0.54) earnings per share. Fairmount Santrol Holdings’s quarterly revenue was up 104.2% on a year-over-year basis. On average, equities analysts anticipate that Fairmount Santrol Holdings will post $0.27 EPS for the current year.

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Fairmount Santrol Holdings Company Profile

Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates.